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326 S MAIN STREET, ELMER, NJ 08318
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$969,156
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Home Details for 326 S MAIN STREET
Price
$969,156
Type
Commercial/Industrial
Year Build
1890
County
SALEM
Tax
$17,112
MLS®️ Listing#
NJSA2014694
On exitrealty.com
174 days
Property Description
Lakeside Manor is a 32 Bed, free standing Residential Health Care Facility licensed by the State
of New Jersey Department of Community Affairs to provide personal care to up to 32 residents.
Fully staffed, it allows residents to enjoy their short or long term occupancy. The facility has just
received its 2025 DCA State License in March, this being the 10th year of ownership and
approved licensing. Located in Elmer, Salem County, Lakeside Manor sits across from Elmer
Lake providing a tranquil, peaceful setting. As currently structured, Lakeside Manor produces a
Cap Rate of over 12% with a possibility of increasing the profitability, including but not limited
to an additional revenue opportunity for mental health professionals [with assigned NPI
number] to bill Medicare/Medicaid under Fee for Services. Well established and stable facility that has been well kept for a decade of current ownership.
- Cooling Information
- Central Air
- Electric
- Heating Information
- Oil
- Forced Air
- Water Features
- Public
- Parking
- Driveway
Listing Courtesy: Real Broker, LLC - 856-352-4045
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 16:47:41
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$969,156
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